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QUESTION BANK

MBA

SEMESTER 2

Vol. I

The Questions contained in this booklet have been prepared by the faculty of the Institute from the sources believed to be reliable. Neither the Institute nor the faculty gives any guarantee with respect to completeness or accuracy of the contents contained in the booklet and shall in no event be liable for any errors, omissions or damages arising out of use of the matter contained in the booklet. The Institute and the faculty specifically disclaim any implied warranty as to merchantability or fitness of the information for any particular purpose.

FOR PRIVATE CIRCULATION

QUESTION BANK

MANAGEMENT OF

TECHNOLOGY

INNOVATION & CHANGE

MS -102

QUESTION BANK

MANAGEMENT OF TECHNOLOGY INNOVATION & CHANGE MS 102

MBA II

UNIT - I

I Test Your Skills:

(a) State Whether the Following Statements are True or False:

1. Technology development provides specific advantages to a business firm, which is known

as firm specific advantages.

2. Technology is restricted to hardware and it does not include know how and software.

3. Hybrid technology support R&D, and manufacturing and marketing functions in the

industry.

4. The basic features of fourth stage of Technology Life Cycle are Technology Applications

+ rise in product sales.

5. Time of forecast means it is the future date when forecast is realized.

6. Committee is a qualitative forecasting technique in which a group of experts are involved;

this helps in avoiding individual biases.

7. Technology is the practical implementation of learning & knowledge by individuals and

organizations to aid human endeavor.

8. Lead time from idea to market is being reduced by the emergence of new or altered

technologies

9. Software refers to particular physical structure of components and also their logical layout

which are subject matter of absorption

10. Brainware is the application and justification of hardware, software development,

knowwhat and know-why of technology

11. Technology Adoptionmeans technology being absorbed without changing the parameters

of acquired technology. Ans. (1)(T), (2),(F), (3)(F), (4), (T), (5)(T), (6)(T) (7)(T) (8)(T) (9)(F) (10)(T) (11)(T) (b) Multiple Choice Questions:

1 Technology forecast techniques which is based on historical date is:

(a) Committee (b) Delphi (c) Normative forecast

2 Technology absorbed by changing the parameters of acquired technology is called:

(a) Technology Adaptation (b) Technology Adoption (c) Technology Acquisition

3 Mode of payment for technology transfer is:

(a) Cross licensing agreement (b) Lump sum payment or periodical installments (c) Royalties as a percentage of sales over the next few years

4 Ministry of international trade and industry adopted the technology policy in Japan in

(a) 1975 (b) 1980 (c) 1982 (d) 1985

5 Technology is the ________ tool available to humanity which can effect fundamental

changes in the ground rules of economic competitiveness. (a) linear (b) non linear (c) static

6 Technological advancement in domestic market leads to growth of national ----------

- (a) wealth (b) income (c) employment

7 Lead time has____________ sharply due to information technology and

communication revolution. (a) increased (b) fallen (c) both

8 According to a UN report, --------------------------are engines of growth.

(a) TNCs (b) MNCs (c) Both

9 Tick the odd method of technology acquisition

(a) Internal R&D (b) Joint ventures (c) Contracting out for R&D (d) Licensing (e) Purchasing (f) Relative standing

10 A company that owns certain technology should include _________________ as an

essential component of its technology strategy (a) Technology Acquisition (b) Technology Exploitation (c) Technology Assimilation (d) Technology Absorption

11. Ministry of international trade and industry adopted the technology policy in

Japan in ------------ (a) 1975

(b) 1980 (c) 1982 (d) 1985

12. Technology is the ________ tool available to humanity which can effect

fundamental changes in the ground rules of economic competitiveness. (a) linear (b) non linear (c) static (d) non static

13. Technological advancement in domestic market leads to growth of national ------

----- (a) wealth (b) income (c) employment (d) debts

14. Lead time has____________ sharply due to

information technology and communication revolution. (a) increased (b) fallen (c) both (d) none

15. According to a UN report, --------------------------are engines of growth.

(a) TNCs (b) MNCs (c) Both (d) none

16. Technology is the purposive ------------------of scientific knowledge for practical

purposes. (a) Implementation (b) Qualification (c) Application (d) Extension

17. ___________is commemorated as Technology Day in India.

(a) May 11 (b) June 21 (c) May 1 (d) May 10

18. Science deals with natural world, whereas technology deals with _____________

world. (a) man made (b) space (c) Imaginary (d) natural

19. Technology is not only restricted to hardware but also includes___________

and_____ (a) know how (b) software (c) both (d) none 20. systems. (a) people (b) processes (c) policy (d) infrastructure

21. Technology is generally user friendly & aims at minimizing -------------- (a)

Revenues

(b) Profits (c) Costs (d) Income

22. Nano-technology is an---------------------------technology

(a) infra (b) hybrid (c) emerging (d) basic

23. A number of technologies are embodied & encapsulated in ---------------------- (a)

Technology Portfolio

(b) Disembodied Technology (c) Basic Technology

24. The National Technology Portfolio should aim at------------------------ (a)

Competitiveness

(b) Cost-effective ness (c) Efficiency (d) All

25. ------------ -is created on the basis of technology, production and smart work

(a) Income of nation (b) Wealth of nation (c) Image of nation (d) All

26. Technology development is many times guided by ----------------- analysis.

(a) cost/benefit (b) input/output (c) demand/supply (d) cause/ effect

27. An appropriate & effective use of technology creates ------------------------ (a)

Income of nation

(b) Wealth of nation (c) Image of nation (d) Debt of nation

28. Speed & magnitude of technological change around the world has been

remarkably noticed after the year---------------- (a) 1780 (b) 1880 (c) 1980 (d) 1990

29. Multitude of types &variation of the same tool causes high degree of------in

technology. (a) valence (b) Flexibility (c) Complexity (d) creativity

30. Atlas of technology combines-------------

(a) Techno ware (b) Human ware (c) Info ware (d) Orgaware (e) Above all

31. When firms join hands to make their rivals their friends, it is called:

(a) Co-option (b) Merger (c) Joint venture (d) Strategic alliance

32. HDFC recently took over ______ bank which gave it access to ready next:

(a) Centurion Bank of Punjab (b) Centurion Bank (c) Axis Bank (d) Karur Vyasa

33. Hardware, Software, Brain ware and support net are the four basic components

of: (a) Technology Transfer (b) Technology absorption (c) Technology Diffusion (d) Technology Dependence

34. Technology Diffusion is also known as:

(a) Diffusion of Innovation (b) Innovation Diffusion (c) Diffusion of technology (d) Technology Dissemination

35. ___________usually occurs when technology developed by one enterprise in one

technical area and usually for one purpose is applied and used for a different technical area, for different purpose other than those foreseen at the time when R&D was initiated: (a) Scientific knowledge transfer (b) Spin Off technology transfer (c) Direct technology transfer (d) outsourcing technology

36. Intellectual property risk is a limitation of:

(a) Franchising (b) Licensing (c) Joint Venture (d) Turnkey Contract

37 Technology absorbed without changing the parameters of acquired technology is

Called ________

(a) Technology absorption (b) Technology adaptation (c) Technology adoption (d) Technology acquisition

38 __________ is any commercial formula, device, pattern or information that

provides an enterprise with competitive edge over others who do not know it. (a) Trade secret (b) Know-how (c) Trademark (d) Copyright

39 ___________ usually has legal boundaries attached to it.

(a) Technology acquisition (b) Technology diffusion (c) Technology transfer (d) Technology Borrowing 40
(a) Electronic Hardware Technology Park (b) Electronic Hardware Technology Protocol (c) Economic Hardware Technology Park (d) Economic Hardware Technology Protocol

41. At the level of an individual firm, technical change may be described as a process of

problem solving. What two stages in the process of problem solving include strong judgmental input? (a) Solution development and technology choice (b) Problem recognition and solution development (c) Problem recognition and technology choice (d) Commercialization and technology choice

42. The processes by which firms arrive at a feasible solution to customer wants is known as

(a) Diffusion. (b) Innovation. (c) T-M matrix. (d) Invention.

43. Which component of the output of the process of innovation is the major facet of the

marketing strategy of a firm? (a) The hardware component (b) The evaluation information component (c) The dominant component (d) The software component

44. The development of the computer is an example of which of the following innovations?

(a) Autonomous (b) Market (c) Political (d) Environmental

45. Technology push innovations tend to be driven by which of the following?

(a) Consumers (b) Political factors (c) Research (d) Manufacturers

46. An innovation that uses existing organizational practices and technologies but

reconfigures them in new or different ways is known as (a) Architectural innovation. (b) Modular innovation. (c) Incremental innovation. (d) Radical innovation.

47. The process by which new technologies emerge to obsolete existing technologies is known

as (a) Technology limit. (b) Learning curve. (c) S-curve of technology development. (d) Technology progression.

48. What principle suggests that a characteristic feature of technical know-how is not easily

transmitted? (a) Technological insularity (b) Temporal clustering (c) Spatial clustering (d) Managed innovation

49. The competitive impact of specific technologies varies over competitive domains, and

there is a progression over time from the first to the fourth stage listed below. Which arena would one find most critical to competitive success? (a) Pacing technology (b) Base technology (c) Key technology (d) Radical technology

50. Relative technological competitive strength is a measure of the degree to which a firm has

mastery in a specific set of technologies relative to its competitors. The variance follows a continuum. Which level has the firm able to express independent technical actions and set new directions? (a) Tenable (b) Favorable (c) Strong (d) Dominant

51. Which of the following is not a forecasting technique?

(a) Judgemental (b) Time series (c) Time Horizon (d) Associative

52. A personnel plan requires forecast of

(a) personnel needs (b) supply of inside candidates (c) supply of outside candidates (d) all of above

53. Process which consists how and what positions are to be filled is called

(a) Employment planning (b) Human resource planning (c) Succession planning (d) all of above

54. Design strategy of business includes

(a) marketing strategy (b) technology strategy (c) sourcing strategy (d) all of above

55. First phase of value creation in sequence is

(a) choosing value (b) providing value (c) communicating value (d) making superior product

56. Plausible representation of possible future based on assumptions is called

(a) scenario analysis (b) market analysis (c) segmentation analysis (d) targeted factors

57. When amalgamation is in the nature of merger, the accounting method to be followed is :

(a) Equity method (b) Purchase Method (c) Pooling of interest method (d) Consolidated method

58. When amalgamation is in the nature of Purchase, the accounting method to be followed is

(a) Equity method (b) Purchase Method (c) Pooling of interest method (d) Consolidated method

59. Under pooling of interest the difference between purchase considered and share capital of

transferee company should be adjusted to: (a) General Reserve (b) Amalgamation of adjustment account (c) Goodwill or Capital Reserve (d) None of the above

60. Under purchase method the difference between purchase considered and share capital of

transferee company should be adjusted to: (a) General Reserve (b) Amalgamation of adjustment account (c) Goodwill or Capital Reserve (d) None of the above

Ans. (1)(c), (2)(a), (3)(d), (4)(b), (5)(b) ,(6)(a), (7)(b), (8)(c),(9)(f),(10)(b), 11(b) 12(b)

29 (a)30(e), (31)(a), (32)(b), (33)(b) ,(34)(a), (35)(b) ,(36)(c) ,(37)(c), (38)(a), (39)(a),

(40)(a), (41)(c), (42)(b), (43)(b), (44)(a), (45)(d), (46)(a), (47)(d), (48)(a), (49)(c), (50)(c)

51(c), 52(d), 53(d), 54(d), 55(a), 56(a), 57(c), 58(b), 59(a), 60(c)

(c) Fill in the Blanks:

1. Technological advancement in domestic market leads to growth of _____________.

2. Proper change management reduces _____________.

3. Science deals with natural world, whereas technology deals with _____________ world.

4. The third stage in the Technology Life Cycle is ______________.

5. A normative forecast starts with __________ and identifies the technological performance

necessary to meet these required needs.

6. An exploratory forecast is based on ______________ and is opportunity oriented.

7. Technology of forecasting involving a group of experts are _________ and _________.

8. _________ and __________ are the two important factors that affect technology

acquisition.

9. Internal technology transfer refers to the technology transfer where control of ownership

resides with the __________.

10. In external technology transfer the control of ownership resides with the _________. 11

________ and ___________ are advantages of technology absorption in a country like

India.

12 Modern technologies can be created through ___________________

13 Technology lifecycle position; commitment involved; urgency of acquisitions and

g are __________________ factor

14 Technology should be marketed widely to get good __________________ that

increases the market share

15 Relative standing of the company; urgency of exploitation; need for support

technologies; commitment involved and technology life cycle are ____________ Ans. (1)(National Wealth), (2)(Staff Dissatisfaction), (3)(Human made), (4)(Application Launch), (5)(Future Needs), (6)(Technology Push), (7)(Committees, Delphi), (8)(Level of economic development of a nation, State of technology), (9)(Transferor), (10)(Recipient), (11)(Employment generation and Capability to fight foreign competition) (12) R&D and scientific approach (13) Absorption Decisions (14) Market Penetration (15) Exploitation decision factors

II Short Answer Type Questions:

1. Explain how technology is associated with the wealth of nations.

2. What is technology life cycle? Discuss its various stages.

3. Differentiate between Science and Technology.

4. Define technology in all its dimensions.

5. Write short note on Globalization of Technology.

6. Discuss the role of technology development in the economic growth of a nation.

7. Explain the role of innovation in the survival and growth of a nation and its

business firms.

8. What is Technological Forecast? What are its essential elements? List is

benefits/importance to organizations.

9. Briefly discuss the concept of Technology Forecast and Strategic Planning.

10. statement? If yes, why? If not, why not? Justify your answer.

11. Distinguish between Discovery, Invention and Innovation.

12.

13. What is joint venture abroad? Why do we need them? Explain using an example.

14. Distinguish between Cooperative research and Contract research.

15. What is technology life cycle? Explain the various stages of TLC?

16. Distinguish between: Technology Adoption, Adaption, Absorption, Optimization,

and Up gradation.

17. Discuss the importance of technology Management in economic prosperity of a

nation.

18. The

19. Name and explain briefly the various approaches to technology Development

20. Explain the terms

(a) Technology Adoption (b) Technology Adaptation (c) Joint Venture

21. Why do home countries oppose export of technology?

22.
23.

24. Discuss various noticeable developments in modern economies as an outcome of

globalization of technology.

25. Explain various factors leading to fast globalization of technology &

communication revolution.

26. What do you mean by technology management aspects of non conventional

sources of energy? 27.
example.

28. Difference between collaboration, licensing and joint venture

29. Coin the terms -Science, Discovery, Invention and Innovation

30. Technology is important for the economic prosperity of a nation. Discuss.

31. Comment on Science Technology push.

32. Why a firm should sell or purchase technology? List at least two examples where

sale or purchase of technology has taken place.

33. Distinguish between the following- (a) Discovery, Invention & Innovation

(b) Cooperative Research & Contract Research (c) Technology Adoption, Adaptation & Absorption (d) Mass Production & Mass Customization

34. Write a short note on Technology and Society.

35. Distinguish between Embodied Technology and Disembodied Technology

36. What do you mean by globalization of technology? Give examples in support of

your answer.

37. Write a short note on:

(a) Technology Development (b) Technology application (c) Technological Maturity (d) Degraded Technology (e) Strategic Management of Technology

38. Explain the term Technological dependence in brief.

39. Differentiate between Technology Transfer and Technology Acquisition.

40.
example.

41. Discuss the various technology joint ventures in India and China

42. Write short note on Technology Diffusion

43. Discuss the various techniques of Technology Forecasting.

44. What do you understand by Technology strategy of a corporate? What factors

influence it?

45. What is creativity? Explain the role of creativity in organizational growth with the

help of suitable examples.

46. What is Technology Transfer? What are the various types?

47. Write a short note on Technology Acquisition.

48. What governance structure model should be selected for the JV?

49. How will the functional activities of the JV be conducted and managed?

50. How should you structure a forecasting problem?

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